UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 19, 2016

 

DANIELS CORPORATE ADVISORY COMPANY, INC.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   333-169128   04-3667624
(State of Other Jurisdiction   (Commission File   (IRS Employer
of Incorporation)   Number)   Identification No.)

 

Parker Towers, 104-60

Queens Boulevard

12th Floor

Forest Hills, New York

 

 

11375

(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (347) 242-3148

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-k filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

 

 

   
 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

On May 19, 2016, holders of a majority of the voting rights of the Company approved a 500 to 1 reverse split of the Company’s Common Stock (“Reverse Split”), meaning that each 500 shares of Common Stock will be consolidated into 1 share of Common Stock following the reverse split, provided however, that fractional shares will be rounded up to the nearest whole share. Notice of the action taken by holders of a majority of the voting rights of the Company was provided to non-consenting shareholders in accordance with Nevada law.

 

   
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  DANIELS CORPORATE ADVISORY COMPANY, INC.
     
Date: May 27, 2016 By: /s/ Arthur Viola
    Arthur Viola
    Chief Executive Officer